Vietnamese real estate tycoon sentenced to death in $12 billion fraud scheme
Vietnamese real estate tycoon Truong My Lan was sentenced to death today for her role in a $12 billion fraud case. Her trial was the result of a nationwide campaign against corruption.
Truong My Lan is the founder and former chairwoman of massive real estate developer Van Thinh Phat Holdings Group. A Vietnamese court found the 67-year-old billionaire guilty of embezzlement, bribery and violations of banking rules.
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